Methodologies and analytics tools for identifying potential licensee markets

ABSTRACT

A method is disclosed for use with at least one initial document describing a technical concept suitable for licensing, the method comprising: retrieving a set of intellectual property documents from a data warehouse; partitioning the set of intellectual property documents into a plurality of document categories; classifying the set of intellectual property documents by an industry parameter; constructing a contingency table that includes a listing of industry classifications for each of the document categories, and identifying documents within a particular one of the document categories that have different industry classifications so as to identify at least one potential new licensee industry of the technical concept described in the initial document.

CROSS-REFERENCE TO RELATED APPLICATION

This application is a continuation application of patent applicationSer. No. 11/674,587 filed Feb. 13, 2007.

BACKGROUND OF THE INVENTION

The present invention relates generally to the field of online analyticprocessing of data and, in particular, to patent and web-relatedanalytics tools and methodologies for assisting in the identification ofpotential licensee markets.

Modern business intelligence routinely makes extensive use of customerand technical data obtained from databases stored in data warehouses.Such business intelligence may typically be obtained by posing ananalytical search and/or query to one or more associated relationaldatabases. Intellectual property (IP) intelligence, in particular, maybe critical to the competitive advantage of a business entity. Thebusiness entity may seek to maximize the value of its IP assets byinvestigating and identifying high-potential licensees for some or allof its IP assets, especially for its patents.

In the current state of the art, however, the process of identifyinghigh-potential licensees can be time-consuming and ineffective. Forexample, taking the approach of selecting a group of “seed” patents andconducting a search via the Internet may require multiplelabor-intensive and time-consuming sessions. Moreover, the searchresults may require further manual processing to yield understandableresults, results that may or may not be of value to the interestedbusiness entity.

As can be seen, there is a need for better methodologies and toolsdedicated to the identification of worthwhile licensee markets.

SUMMARY OF THE INVENTION

One embodiment of the present invention is a method for use with atleast one initial document describing a technical concept suitable forlicensing, the method comprising: retrieving a set of intellectualproperty documents from a data warehouse, each intellectual propertydocument having a statistical similarity to the initial document,partitioning the set of intellectual property documents into a pluralityof document categories, classifying the set of intellectual propertydocuments by an industry parameter, constructing a contingency tablethat includes a listing of industry classifications for each of thedocument categories, and identifying documents within a particular oneof the document categories that have different industry classificationsso as to identify at least one potential new licensee industry of thetechnical concept described in the initial document.

Another embodiment of the present invention is a method for use with agroup of patents retrieved from a data warehouse, the group of retrievedpatents related to a given seed patent, the method comprising:extracting a set of similar patents from the group of retrieved patents,each of the similar patents associated with the given seed patent usinga statistical method, generating a refined taxonomy for the given seedpatent and the set of similar patents using at least one of wordsanalysis, bag of words analysis, phrases analysis, structured features,and unstructured features, deriving an industry taxonomy from the set ofsimilar patents using at least one of words analysis, bag of wordsanalysis, phrases analysis, structured features, and unstructuredfeatures, creating a classification of industries using the industrytaxonomy, and comparing the refined taxonomy and the classification ofindustries using contingency analysis to associate the given seed patentwith at least one industry from the classification of industries.

Yet another embodiment of the present invention is a method for use witha group of patents retrieved from a data warehouse, the group ofretrieved patents related to a given seed patent from an originatingindustry, the method comprising: extracting a set of similar patentsfrom the group of retrieved patents, each of the similar patentsassociated with the given seed patent using a statistical method,classifying the given seed patent and the set of similar patents by atleast one of assignees and industries, generating an industry taxonomyfor the given seed patent and the set of similar patents using at leastone of a structured feature and an unstructured feature, mappingassignees of the similar patents to related industries using theindustry taxonomy, computing the overall similarity between theoriginating industry and the related industries, and computing patentsimilarity between the seed patent and patents assigned to the relatedindustries.

Yet another embodiment of the present invention is a computer programstorage device readable by machine which tangibly embodies a program ofinstructions, the instructions executable by the machine to perform amethod for use with at least one initial document describing a technicalconcept suitable for licensing potential and a set of intellectualproperty documents having a statistical similarity to the initialdocument, the method comprising: partitioning the set of intellectualproperty documents into a plurality of document categories; classifyingthe set of intellectual property documents by one of an industryclassification and an assignee classification, constructing acontingency table that includes a listing of the industry classificationand the assignee classification for one or more document categories,using the contingency table to find significantly-related industries viathe industry classification, and using the contingency table to findsignificantly-related assignees via the assignee classification.

Yet another embodiment of the present invention is a computer programproduct comprising a computer usable medium including a computerreadable program, wherein when executed on a computer the computerreadable program causes the computer to: extract a set of similarpatents from the group of retrieved patents, each of the similar patentsassociated with the given seed patent using a statistical method,classify the given seed patent and the set of similar patents by atleast one of assignees and industries, generate an industry taxonomy forthe given seed patent and the set of similar patents using at least oneof a structured feature and an unstructured feature, map assignees ofthe similar patents to related industries using the industry taxonomy,compute the overall similarity between the originating industry and therelated industries, and compute patent similarity between the seedpatent and patents assigned to the related industries.

These and other features, aspects and advantages of the presentinvention will become better understood with reference to the followingdrawings, description and claims.

BRIEF DESCRIPTION OF THE DRAWINGS

FIG. 1 is a diagrammatical illustration of a system for identifyingpotential patent licensees including a data warehouse, analytics tools,and domain knowledge input, in accordance with the present invention;and

FIG. 2 is a flow diagram illustrating a method of operation for thesystem of FIG. 1.

DETAILED DESCRIPTION OF THE INVENTION

The following detailed description is of the best currently contemplatedmodes of carrying out the invention. The description is not to be takenin a limiting sense, but is made merely for the purpose of illustratingthe general principles of the invention, since the scope of theinvention is best defined by the appended claims.

In general, elements of the present invention provide a method foranalyzing predefined subject matter in a patent database in which themethod functions to incorporate the inputs of one or more domain expertsas the process executes. The process may include the use of keywords andsearching through structured fields and unstructured fields toautomatically create a feature space with numeric vectors, with thefeature space being used to create taxonomies based on domain knowledge.

The present state of the art does not provide for the incorporation ofdomain knowledge into the process of developing a taxonomy, and does notprovide for invoking expert input before conducting an analysis. Incontrast, the disclosed methods function to enable domain experts toboth generate and refine taxonomies, to capture domain knowledge beforeconducting an analysis, to compare companies to categories created viaclustering and/or via one or more keyword; and to use a contingencyanalysis to identify potential licensing opportunities by matchingcompanies with complementary portfolios.

There is shown in FIG. 1 a data warehouse 10 which may comprise, inparticular, databases useful in intellectual property analysis such as:a worldwide patent (WWP) database 11; a web, scientific, and news (WSN)database 13; and a financial (EFD) database 15 (e.g., Edgar financialdata). The data warehouse 10 may also contain information about thedocuments comprising the worldwide patent database 11; the web,scientific, and news database 13; and the financial (FD) database 15. Asearch and analytics tools 21 module may access the data warehouse 10 toperform a number of functions, including: extracting patents and relateddocuments, automatically classifying patents, performing contingencyanalysis, and analyzing various relationships among patents andcompanies, as described in greater detail below.

One or more seed patents or a seed patent category may be provided as asearch seed request 23 to the search and analytics tools 21 by adatabase user who is interested in, for example, identifying potentialpatent licensees in a particular industry, here broadly denoted as alicensee data output 25. As explained in greater detail below, domainknowledge 27 provided by domain experts may be applied to execute or toenhance one or more of the functions performed by the search andanalytics tools 21. For example, a process of analyzing relationshipsamong patents and potential licensees may invoke both the expertise ofan individual skilled in the technology of document classification andthe expertise of a domain expert skilled in licenses and negotiation.Knowledge acquired as a result of the functions performed by the searchand analytics tools 21 and by the domain experts may be written out to astring representation in the data warehouse 10 as a serialized object(SO) 29. Information in the serialized object 29 may be permanentlysaved and made available for sharing by other users.

In an exemplary embodiment, the search and analytics tools 21 may firstinitiate an “investigate” phase in which the search and analytics tools21 (i) use a search tool to extract one or more “seed” patents (denotedas a seed patent set P₀) from seed patents or a seed patent categoryplaced into the seed request 23; (ii) use a technology to produce anumeric vector space by mathematically converting the seed patents withnumeric vectors corresponding to words, features, and structuredinformation content in the seed patents; and (iii) use anearest-neighbor technology to retrieve and identify additional, relatedpatents (denoted as a related patent set P₁) not retrieved in theinitial seed patent search.

Subsequently, in a “comprehend” phase, the search and analytics tools 21may use a document classification technology or taxonomy generationtechnology to classify the related patents into appropriate categoriesusing a numeric vector space and a feature space created for a combinedset (P₀+P₁) of the seed patents and the related patents. The documentclassification technology may use an interactive clustering of thefeature space so as to assist a domain expert to refine the featurespace if desired. This may be followed by an “examine” phase that uses acontingency method to compare two taxonomies, or to compare a taxonomyagainst features or structured information. For example, the taxonomymaybe compared against a set of assignees to identify whether anassignee is active or inactive, or patent categories may be comparedwith a set of industries related to the assignees. The examine phase mayalso use a trending tool to overlay patent time information over patentcategories or a patent set to provide insight into patenting activitiesby assignees or by assignee industries as a function of time. Also, theexamine phase may use an industry taxonomy for the additional step ofmapping assignees to industries.

A general description of the method of the present invention can beprovided with additional reference to a flow diagram 30, in FIG. 2. Theseed request 23 may be provided to derive one or more seed patents(i.e., the seed patent set P₀) from information extracted from the datawarehouse 10, at step 31. As understood in the relevant art, a “search”may include entering selected words or text provided in the informationfrom the data warehouse 10 and retrieving documents matching the wordsor text by using an indexing feature.

An initial assemblage of related patents (i.e., the related patent setP₁) may be obtained by first converting each seed patent into a set ofnumeric vectors corresponding to words, features, and structured contentof the seed patent, at step 33. The numeric vectors are the occurrences,within each patent, of different features or structured informationcontent. For example, if the term “Bragg” appears in a particular patentseven times, for example, then the numeric vector for the feature“Bragg” may be assigned a value of seven for the patent. This processallows for the systematic and numerical description in a feature spaceof each seed patent. The search and analytics tools 21 may execute asearch to retrieve the related patents using the features or structuredinformation content of the seed patents. In an exemplary embodiment,statistical methods in the search and analytics tools 21 may be used toensure that the patents comprising the related patent set P₁ are similarto or nearest neighbors of the patents in the set of seed patents P₀, atstep 35.

A taxonomy T₁ may be automatically generated for the combined patent set(P₀+P₁) by placing words, bag of words, phrases analysis, structuredfeatures, and unstructured features into a respective category orcluster in the taxonomy T₁, at step 37. Each of the categories in thetaxonomy T₁ may be represented by a corresponding mathematical model.For each category in the taxonomy T₁, domain expertise may be used tofind the patents and files that best match the model for that categoryand determine if they are indeed related.

This process effectively partitions the combined patent set (P₀+P₁) suchthat each patent is assigned to a taxonomy category and appears in onlyone taxonomy category. An uncategorized term may be placed into anexisting category if an appropriate category exists, or into a newcategory if the appropriate category does not exist. This process allowsfor the systematic and numerical description in a feature space of eachpatent in the patent set. The combined patent set (P₀+P₁) may then bepartitioned using the taxonomy T₁.

In an exemplary embodiment, the process of partitioning the patent setmay use a “k-means” procedure, where the parameter “k” refers to thenumber of categories produced from the patent set. The parameter “k”maybe input to the analytics tools 21 by the domain expert, or it may begenerated based on the size of the combined patent set (P₀+P₁). Thedistance between a centroid of a category and a document numeric vectorin the category may be expressed as a cosine distance metric

${d\left( {X,Y} \right)} = {- \frac{X \cdot Y}{{X} \cdot {Y}}}$

where X is the centroid vector and Y is the patent numeric vector. Thecentroid is equivalent to the mean of the related category and may befound as part of the k-means partitioning process. A more detailedexplanation of the generation of feature spaces and taxonomy generationmay be obtained from commonly-assigned U.S. Pat. No. 6,424,971, “Systemand method for interactive classification and analysis of data.”

A domain expert may again enter the process at this point and review theresulting taxonomy T₁ to filter out noise and produce a refined taxonomyT₁′, at step 39. The taxonomy T₁ can be refined, for example, bydeleting a taxonomy category determined to be trivial; by merging two ormore similar taxonomy categories into a single category, and/or bycreating a new taxonomy category. Each of the patents in the combinedpatent set (P₀+P₁) may thus be reclassified using the edited categoriescomprising the refined taxonomy T₁′.

Assignee information may be extracted from the combined patent set(P₀+P₁), at step 41. In an exemplary embodiment, contingency analysismay be used to generate a contingency table that compares the patentcategories in the refined patent taxonomy T₁′ and the patent assignees,at step 43. By extracting the assignee information for every patent inthe combined patent set (P₀+P₁), the potential licensee markets may beextrapolated. That is, a company that has no assigned patents in atechnical field “X” may not have an interest in licensing a patent inthe technical field “X.”

In another exemplary embodiment, an industry taxonomy may be created andused to map assignees in the combined patent set (P₀+P₁) to theirrespective industries. Contingency analysis may be applied toqualitatively comprehend how closely related different target industriesare with respect to the seed patents' originating industry. A targetindustry may appear to have little potential as a potential licenseebecause it is not closely related to the seed patents' industry, but mayin reality be a high-potential licensee target because it has patentsclosely related to the seed patents.

In yet another exemplary embodiment, trending information may beoverlaid both on the refined patent taxonomy T₁′ and on the contingencytable to enable the domain expert to identify recent and most relatedindustries. It can be appreciated that other significant relationships,if any, among industries, assignees, and the seed patents P₀ may besimilarly found using a contingency table.

It can be appreciated by one skilled in the relevant art that thedisclosed method can be applied to find a licensee market for a givencompany or for a given industry. A patent portfolio analysis ispreferably conducted to classify the patents for the given company, orfor the given industry, into appropriate categories. With the patentscategorized, the disclosed method and analytical tools may be used toidentify licensee markets for one or more selected category of patents.

This process may be illustrated by the following example in which apotential lateral licensee market is sought, given two laser-relatedseed patents (i.e., the seed patents set P₀) from a fictitious companyAcmeLaser. The analytics tools 21 may automatically convert the seedpatents into numeric vectors through words, phrase, and “bag of words”analysis. Such numeric vectors, together with structured informationsuch as patent inventors, may be used to find patents most closelyrelated to the seed patents.

The retrieved patents may be compared via a cosine similarity metric.Some or all of the retrieved patents that are “nearest neighbors” to theoriginal seed patents may be retained to form the combined patent set(P₀+P₁), as shown in Table 1. In the example provided, a total of twohundred twenty six patents are retained, in addition to the two seedpatents, grouped into eighteen categories, where the first categoryincludes the seed patents. Table 1 also includes a “cohesion” column anda “distinctness” column that provide statistical information useful forcategory refinements.

TABLE 1 Nearest-Neighbor Patent Set Entry Category Name Size CohesionDistinctness 1 Acme Laser Patents 2 97.19% 23.93% 2 RadiationApplication 3 91.00% 60.41% 3 Laser Cosmetic Surgery 6 89.71% 44.79% 4Tissue Treatment with Pulsed Light Source 6 86.50% 47.78% 5 Laser Devicefor Skin Perforation 7 84.87% 21.80% 6 Skin Treatment 4 83.33% 31.89% 7Dental Procedures using Ultraviolet Radiation 6 79.44% 59.39% 8 HairRemoval Devices 3 78.18% 66.13% 9 Laser Treatment of Skin Abnormalities5 77.14% 41.17% 10 Light Energy Delivery Head 6 77.02% 60.41% 11 RelatedPatents 12 75.12% 23.93% 12 Deep Tissues Laser 16 67.17% 21.80% 13 LaserTreatment of Skin Surface 6 66.28% 31.34% 14 Wrinkle Smoothing 13 57.02%36.03% 15 Lasers for Hair Removal 67 54.33% 31.89% 16 Wound Treatment 852.32% 44.96% 17 Vascular Lesions 17 50.54% 25.65% 18 Laser MedicalTreatments 41 46.56% 25.65% Total/Average 228 61.19% 32.73%

As used herein, the term “cohesion” may be defined as an indication ofthe similarity of documents to one another for documents in a giventaxonomy category. A cohesion value of 100%, for example, indicates thatthe documents in a taxonomy category all have the same word content. Theterm “distinctness” may be defined as the degree to which two taxonomycategories are different from one another. Each taxonomy category inTable 2 is represented by a category centroid, the centroid being theaverage of all feature vectors of the documents in the category.Distinctness between two taxonomy categories provides an indication oftheir difference. A distinctiveness value for two taxonomy categoriesmay be obtained by determining the distance between category centroids,where the distance is taken between closest centroid neighbors in thefeature space. A distinctiveness value of zero would indicate that thecategory centroids are coincident and that the respective taxonomycategories are thus not distinct from one another.

Table 2 illustrates a contingency table (partially shown for clarity ofillustration) with patent categories from Table 1 heading table columns,and patent assignees heading table rows. Table 2 may be used by a domainexpert, for example, to visualize how various companies may be relatedto the various patent categories. Table cells include the number ofpatents assigned to a company heading the respective row. Each cell mayhave an “expected” value different from the number of patents listed inthe cell. The expected value may be specified by multiplying the numberof patents appearing in the patent category by a fraction, where thefraction is determined by dividing the total patents assigned to acompany by the total number of patents in the combined patent set(P₀+P₁).

TABLE 2 Lasers Light for Energy Hair Delivery Radiation Patent AssigneeRemoval Head Application Thermolase Corporation 8 0 0 Cynosure, Inc. 7 00 Altus Medical 5 0 0 ESC Medical Systems Ltd. 5 0 0 General HospitalCorp. 2 0 0 Altralight, Inc. 1 0 0 Applied Optronics Corp. 1 0 0Cooltouch Corp. 1 0 0 Ceram Optec 1 0 2 DRDC Limited 1 0 0 ICN PhotinicsLtd. 1 0 0 Keralase Ltd. 1 0 0 Lumenis Ltd. 1 0 0 Luxar Corp. 1 0 0Lucid Technologies 1 0 0 Nidek Co. 1 0 0 Sahar Technologies 1 1 0 Y?BeamTechnologies 1 0 0

If the expected value is exceeded by the actual value in the cell, thenthe cell may be rendered in color, shaded, or highlighted so as to bemore readily noticed by the domain expert. The degree of shading or thechoice of color may be related to the degree of significance of thecell's value, which may be calculated using a statistical test, such asthe chi-squared test. Shading may indicate a significant relationshipbetween the respective company and the respective category.

It can be appreciated by one skilled in the art that the invention cantake the form of an entirely hardware embodiment, an entirely softwareembodiment, or an embodiment containing both hardware and softwareelements. In a preferred embodiment, the invention is implemented insoftware, which includes but is not limited to firmware, residentsoftware, microcode, etc.

Furthermore, the invention can take the form of a computer programproduct accessible from a computer-usable or computer-readable mediumproviding program code for use by or in connection with a computer orany instruction execution system. For the purposes of this description,a computer-usable or computer readable medium can be any apparatus thatcan contain, store, communicate, propagate, or transport the program foruse by or in connection with the instruction execution system,apparatus, or device.

The medium can be an electronic, magnetic, optical, electromagnetic,infrared, or semiconductor system (or apparatus or device) or apropagation medium. Examples of a computer-readable medium include asemiconductor or solid state memory, magnetic tape, a removable computerdiskette, a random access memory (RAM), a read-only memory (ROM), arigid magnetic disk and an optical disk. Current examples of opticaldisks include compact disk-read only memory (CD-ROM), compactdisk-read/write (CD-R/W) and DVD.

A data processing system suitable for storing and/or executing programcode will include at least one processor coupled directly or indirectlyto memory elements through a system bus. The memory elements can includelocal memory employed during actual execution of the program code, bulkstorage, and cache memories which provide temporary storage of at leastsome program code in order to reduce the number of times code must beretrieved from bulk storage during execution.

Input/output or I/O devices (including but not limited to keyboards,displays, pointing devices, etc.) can be coupled to the system eitherdirectly or through intervening I/O controllers. Network adapters mayalso be coupled to the system to enable the data processing system tobecome coupled to other data processing systems or remote printers orstorage devices through intervening private or public networks. Modems,cable modem and Ethernet cards are just a few of the currently availabletypes of network adapters.

It should be understood, of course, that the foregoing relates toexemplary embodiments of the invention and that modifications may bemade without departing from the spirit and scope of the invention as setforth in the following claims.

1. A method for use with at least one initial document describing atechnical concept suitable for licensing, the method comprising:retrieving a set of intellectual property documents from a datawarehouse, each intellectual property document having a statisticalsimilarity to said initial document; partitioning said set ofintellectual property documents into a plurality of document categories;classifying said set of intellectual property documents by an industryparameter; constructing a contingency table that includes a listing ofindustry classifications for each of said document categories, andidentifying documents within a particular one of said documentcategories that have different industry classifications so as toidentify at least one potential licensee of said technical conceptdescribed in said initial document.
 2. The method of claim 1, whereinsaid at least one initial document is selected from the group consistingof: patents, trademarks, copyrights, and trade secrets.
 3. The method ofclaim 1 wherein retrieved intellectual property documents are identifiedby at least one of a search operation and a query operation.
 4. Themethod of claim 1 wherein said classifying step comprises classifyingintellectual property documents by assignee.
 5. The method of claim 1wherein said partitioning step comprises generating a taxonomy.
 6. Themethod of claim 1 wherein said constructing step comprises overlaying atrending template to identify recent industry classifications.
 7. Amethod for use with a group of patents retrieved from a data warehouse,the group of retrieved patents related to a given seed patent, themethod comprising: extracting a set of similar patents from said groupof retrieved patents, each of said similar patents associated with saidgiven seed patent using a statistical method; generating a refinedtaxonomy for said given seed patent and said set of similar patentsusing at least one of words analysis, bag of words analysis, phrasesanalysis, structured features, and unstructured features; deriving anindustry taxonomy from said set of similar patents using at least one ofwords analysis, bag of words analysis, phrases analysis, structuredfeatures, and unstructured features; creating a classification ofindustries using said industry taxonomy; and comparing said refinedtaxonomy and said classification of industries using contingencyanalysis to associate said given seed patent with at least one industryfrom said classification of industries.
 8. The method of claim 7 whereinsaid creating step comprises mapping assignees of said given seed patentand said set of similar patents to respective industries using saidindustry taxonomy.
 9. The method of claim 7 further comprising usingdomain knowledge to refine the selection of patents in said set ofsimilar patents.
 10. The method of claim 9 wherein said step of usingdomain knowledge comprises: deriving a second seed patent from saidgroup of similar patents; retrieving a second group of patents from saiddata warehouse related to said second seed patent; extracting a secondset of similar patents from said second group of retrieved patents, eachof said similar patents in said second set of similar patents associatedwith said second seed patent using said statistical method; andgenerating a second refined taxonomy for said seed patent and saidsecond set of similar patents using at least one of words analysis, bagof words analysis, phrases analysis, structured features, andunstructured features.
 11. The method of claim 7 wherein said creatingstep comprises classifying said given seed patent and said set ofsimilar patents by assignee.
 12. A method for use with a group ofpatents retrieved from a data warehouse, the group of retrieved patentsrelated to a given seed patent from an originating industry, the methodcomprising: extracting a set of similar patents from said group ofretrieved patents, each of said similar patents associated with saidgiven seed patent using a statistical method; classifying said givenseed patent and said set of similar patents by at least one of assigneesand industries; generating an industry taxonomy for said given seedpatent and said set of similar patents using at least one of astructured feature and an unstructured feature; mapping assignees ofsaid similar patents to related industries using said industry taxonomy;computing the overall similarity between said originating industry andsaid related industries; and computing patent similarity between saidseed patent and patents assigned to said related industries.
 13. Themethod of claim 12 wherein said step of computing patent similaritycomprises: deriving a feature space using said industry taxonomy; andcomputing distances in said feature space between said seed patent andsaid patents assigned to said related industries.
 14. The method ofclaim 12 further comprising identifying industries having licensingpotential by comparing said overall similarity and said patentsimilarity using said industry classification.
 15. The method of claim12 further comprising identifying potential licensee targets bycomparing said overall similarity and said patent similarity using saidassignee classification.
 16. The method of claim 12 further comprisingoverlaying trend information on said industry taxonomy to identifyrecent industries.
 17. The method of claim 12 wherein said feature spacecomprises one or more of a structured feature, an unstructured feature,and an annotation.
 18. A computer program storage device readable bymachine, tangibly embodying a program of instructions executable by themachine to perform a method for use with at least one initial documentdescribing a technical concept suitable for licensing potential and aset of intellectual property documents having a statistical similarityto said initial document, the method comprising: partitioning said setof intellectual property documents into a plurality of documentcategories; classifying said set of intellectual property documents byat least one of an industry classification and an assigneeclassification; constructing a contingency table that includes a listingof said industry classification and said assignee classification for oneor more document categories; using said contingency table to findsignificantly-related industries via said industry classification; andusing said contingency table to find significantly-related assignees viasaid assignee classification.
 19. The computer program storage device ofclaim 18 further comprising, for each industry class in said industryclassification, computing a distance between an industry originatingwith said initial document and said industry class wherein numericvectors are used to determine closeness of respective industries to saidindustry originating with said initial document.
 20. The computerprogram storage device of claim 18 further comprising computing adistance between a subject matter described in said initial document andsubject matter described in said set of intellectual property documents,wherein numeric vectors are used to determine closeness of a technicalconcept disclosed in an industry intellectual property document to atechnical concept disclosed in said initial document.
 21. A computerprogram product for use with a group of patents retrieved from a datawarehouse, the group of retrieved patents related to a given seed patentfrom an originating industry, the computer program product comprising acomputer usable medium including a computer readable program, whereinwhen executed on a computer the computer readable program causes thecomputer to: extract a set of similar patents from said group ofretrieved patents, each of said similar patents associated with saidgiven seed patent using a statistical method; classify said given seedpatent and said set of similar patents by at least one of assignees andindustries; generate an industry taxonomy for said given seed patent andsaid set of similar patents using at least one of a structured featureand an unstructured feature; map assignees of said similar patents torelated industries using said industry taxonomy; compute the overallsimilarity between said originating industry and said relatedindustries; and compute patent similarity between said seed patent andpatents assigned to said related industries.